Centennial committee reports about $7,000 residual, approves refunds and sponsor plaques and recommends standing events group

The Port Richey City Centennial events committee said it expects roughly $7,000 in residual funds after final invoices and sales are reconciled, and approved a set of refunds and spending to close out the centennial budget.

Committee members spent the meeting reconciling sales of centennial merchandise, unpaid invoices and sponsor recognition items. Member Adam Thompson, who led the budget review, said the committee still needs final counts but estimated roughly 54 shirts sold from a 100-shirt order and sizable remaining coin inventory. He said about $7,055.64 in an invoice to “Spartan Manor” already has been paid and that after outstanding items the city should be “about $7,000 to the good.”

Why it matters: the committee must reconcile event cash, sponsorships and vendor transactions before transferring any leftover funds to a new event account or the general fund. Members also want to preserve some of the residual for future community events rather than treating it as one-off centennial revenue.

Most important decisions and…